Question: QUESTION 1 (CLO 2) a. Explain why company productivity is important to managers, employees, and investors. Is superior worker productivity a necessary and sufficient condition

QUESTION 1 (CLO 2) a. Explain why company productivity is important to managers, employees, and investors. Is superior worker productivity a necessary and sufficient condition for above-average compensation? (6) b. "Hourly wage rates is an anachronism. Efficiency requires incentive-based pay tied to performance." Discuss this statement. (4)

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